Binary Options Trading
Many kinds of trades rely on outside market data to determine their outcome, but of all the varieties, binary options offer the most basic and straightforward format. A binary option offers only one of two outcomes. You either gain or lose. Binary options also feature fixed time limits, where in the end, your trade has either been successful, or not. Thanks to that simplicity, traders are attracted to binary options because they do not have to study the intricate ins and outs of international markets.
When a trader purchases a binary option, they are asked to decide which of two possible outcomes they find more likely. While plenty of traders do their research on market trends and news events, the limited range of a binary option does make it possible to test your luck and jump in with little to no background.
In general terms, there are three varieties of binary options, which all work in a similar fashion. With a digital option, a trader predicts if the price of a certain asset will rise or fall from its current market price within a set period of time. For example, a trader may choose a binary option predicting the price of gold will rise or fall in the next one hour. With a range option, a trader is asked to predict if the value of the chosen asset will within a set range by the set expiration, or not. Finally, with a touch option, a trader is asked to predict whether the price of a specified asset will touch a specific value at any point before the set expiry, or not. For example, a trader may be asked to decide whether the price of oil will hit a specific value within the agreed-upon expiration period.
At BinaryOptionsJourney.com, we feature over 75 broker reviews detailing what assets you can trade in, minimum deposit, minimum trade, rate of return, trading types, banking options, customer support info and if there’s a bonus offered to new traders as well as if the broker is licensed and regulated. We also feature great tutorials for both new and advanced investors with how-to guides and articles in our education section. Don't forget to take a look at our blog for the latest in financial news and reviews.
Feature Broker Reviews
TopOption features has more than 175 different assets, high returns to traders of up to 85% and instruments that range from 60 seconds to one touch. New traders receive up to a 25% bonus. Deposits start at $100 and trades starting at $5.
Capital Option features a payout of up to 85% with trading in commodities, forex, indices and stocks. $5 minimum for 60 second trades. New traders are welcomed with a 100% bonus.
Cedar Finance offers new traders a 100% bonus on their first deposit. Features include up to an 85% return rate, trades starting at $25 and customer support by phone, live chat or web form.
New Broker Reviews
|Sign Up||Binary.com||100%+||on occasion||Review|
|Sign Up||Magnum Options||up to 85%||up to 150%||Review|
|Sign Up||Capital Option||up to 85%||100%||Review|
|Sign Up||BeeOptions||up to 85%||up to 150%||Review|
Binary Options Blog Latest News
Nikkei Reaches November High As Yen Records 6-month Low vs. USD (November 29, 2013) - Despite faltering slightly, Japanese stocks recorded their highest closing level with their best November performance since 2005. Japan’s Nikkei was up 9.3 percent in November with the yen hitting a 5-year trough against the euro and a 6-month low versus the dollar. The MSCI Asia-Pacific outside Japan index rose 0.2 percent to register a weekly [...] Read more
Dow Jones Ends Above 16,000 While Japanese Stocks Eye 2013 Peak (November 22, 2013) - Following a three day lull after U.S. economic data indicated subdued inflation and a slow improvement in the labor market, the Dow Industrials closed above 16,000 for the first time. After three sessions of losses, shares made their first day of gains despite investors still in doubt about the Federal Reserve’s scaling back on its [...] Read more
Global Markets Rally as the ‘Yellen Effect’ Sets In (November 15, 2013) - Japanese markets were the first to flourish followed by other Asian and U.S. markets as part of what analysts consider the ‘Yellen effect’. The brighter prospects of an extended U.S. monetary stimulus put investors in a bullish mood. Japanese stocks reached their biggest weekly increase in almost four years due to a falling yen. The [...] Read more
Asian Stocks Soften While Euro Firms Ahead of ECB Policy Meeting (November 7, 2013) - The European Central Bank faces a tough test at its policy meeting on Thursday with intense pressure to cut interest rates. Ahead of the meeting and in anticipation of stimulus-sensitive U.S. payroll data, the Asian stock markets struggled although the euro gained some ground. According to analysts, the ECB is not likely to bow down [...] Read more
Wall Street Reacts Sharply To Feds Weak Economic Growth Outlook (October 31, 2013) - The Federal Reserve’s weak growth outlook for the economy saw Wall Street take a beating mid-week despite no changes to its stimulus program likely in the near future. All 10 S&P sector indexes fell after a four day record run. Almost three quarters of stocks traded on the New York Stock Exchange declined sharply as [...] Read more
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